摘要:企业并购动机是企业采取并购方式和选择并购对象的决定性因素。西方学者运用经济学的理论和方法,对并购动机进行了经济学分析,建立了一个比较完整的理论体系。但是由于文化背景和产权制度的差异等,这些理论并不能对中国企业的并购动机予以合理的解释。因此,本文运用管理学理论与方法,从需求层次理论出发,即安全的需要、规范的需要、政治的需要、逐利的需要、避险的需要和成就的需要,对中国企业的并购动机进行了管理学分析,并在此基础上进一步揭示与解释了隐藏在中国上市公司并购行为背后的真正动机。
关键词：理论 需求层次 并购动机
Abstract:Merge and Acquisition Motives of Listed companies are the determinate factors of listed companies deciding Merge and Acquisition mode and Merge and Acquisition object . Western scholars analyze Merge and Acquisition Motives by economics theory and methods , and develop an integrated academic system. But due to the difference of culture background and property right system , these theories can not give the reasonable explanation to Merge and Acquisition Motives of listed companies in China. So the study develops a demand theory ,based on secure demand , normative demand , political demand , benefit demand , risk - preventing demand and achievement demand ,and analyzes Merge and Acquisition Motives of listed companies through management theory and methods , to reveal the genuine motives.
Key Words: Theory Demand arrangement M&A Motives
